Bank of Russia marks crypto аs major risk, vows measures

The Central Bank of Russia (CBR) has listed cryptocurrencies among the main threats for the future of the country’s financial market.

In an overview of its expected development, the regulator indicated it intends to boost crypto oversight and combat anonymous trading.

Russia’s central bank sees crypto as a threat

Cryptocurrencies and stablecoins will be a major risk for the Russian financial sector in the next few years, according to the monetary authority in Moscow.

The conclusion comes from a report titled “Key Directions for the Development of the Financial Market of the Russian Federation” which covers the 2026 – 2028 period.

The document, which has been prepared for the executive power and the Kremlin, highlights…

Source link